Policy & Regulation

New tech threatens outlook for gas in Asia

Gas will be the fastest-growing fossil fuel in Asia out to 2050, but technologies such as clean coal and batteries pose a threat to its market share Gas will be the fastest-growing fossil fuel in Asia out to 2050, but technologies such as clean coal and batteries pose a threat to its market share.
By Peter Stewart 6 November 2018 0 33197
EDF Energy’s 49MW battery storage facility at West Burton Commercial-scale battery storage is emerging as a potential competitor to gas (EDF Energy)

Batteries and clean coal are among the developing technologies that could slow gas demand growth in the Asia Pacific region. Neither is yet a viable alternative to gas, but efficiency and costs are improving. Further breakthroughs could make these technologies into wildcards that will hang over Asia’s energy investment plans.

Although gas will be the fastest-growing fossil fuel out to 2050, coal will remain the single-biggest power generation fuel in Asia, delegates and speakers at Singapore International Energy Week (SIEW) said last week. This makes it...